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CARE revises credit ratings for Shivalik Bimetal Controls

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Capital Market
Last Updated : Jan 05 2018 | 12:04 PM IST

For facilities aggregating Rs 68 crore

Shivalik Bimetal Controls announced that CARE has revised the credit rating as mentioned below -

Long term bank facilities (Rs 2 crore) - CARE BBB+; Stable (Revised from CARE BBB; Stable)

Short term bank facilities (Rs 40 crore) - CARE A2 (Revised from CARE A3+)

Long / short term bank facilities (Rs 26 crore) - CARE BBB+; Stable/ CARE A2 (Revised from CARE BBB; Stable / CARE A3+)

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First Published: Jan 05 2018 | 11:39 AM IST

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